Isak Andic, the illustrious founder of the international fashion brand Mango, tragically passed away during a cave-exploring trip near Barcelona. The accident, occurring on Saturday, has sparked an outpouring of tributes from across the globe.
Isak Andic, Billionaire Mango Founder, Dies in Cave Hiking Accident
Isak Andic, Billionaire Mango Founder, Dies in Cave Hiking Accident
The fashion industry mourns the loss of Isak Andic, founder of celebrated retail chain Mango, after a tragic hiking accident in Spain.
The 71-year-old Andic was reportedly hiking in the picturesque Montserrat mountains, a region renowned for its stunning caves, when he fell approximately 150 meters down a ravine. Reports indicate that he was accompanied by his son and other family members at the time of the incident, which necessitated a significant emergency response that included a helicopter and specialized mountain rescue teams.
Isak Andic founded Mango with his brother, Nahman, in 1984, and under his leadership, the fashion chain flourished, expanding to nearly 3,000 stores in 120 countries worldwide. As one of Spain's wealthiest individuals, Forbes estimated his net worth to be around $4.5 billion (£3.6 billion).
In a heartfelt statement, Mango’s CEO Toni Ruiz expressed the profound impact Andic's passing will have on the company, affirming that Andic’s vision and achievements would continue to guide them: "It is up to us… to ensure that Mango continues to be the project that Isak aspired to and of which he would feel proud."
Spanish Prime Minister Pedro Sanchez extended condolences, acknowledging Andic's pivotal role in growing Mango into a global fashion leader, while Catalonian President Salvador Illa Roca praised him as a "committed businessman" with a lasting impact on the region's standing in the fashion world.
Known for his rivalry with Zara’s founder Amancio Ortega, Andic's contributions to the fashion industry will be remembered long after his untimely departure. His brand made significant strides in the UK markets, especially after collaborating with acclaimed model Kate Moss in 2011, further solidifying its stature on the global stage.
Isak Andic founded Mango with his brother, Nahman, in 1984, and under his leadership, the fashion chain flourished, expanding to nearly 3,000 stores in 120 countries worldwide. As one of Spain's wealthiest individuals, Forbes estimated his net worth to be around $4.5 billion (£3.6 billion).
In a heartfelt statement, Mango’s CEO Toni Ruiz expressed the profound impact Andic's passing will have on the company, affirming that Andic’s vision and achievements would continue to guide them: "It is up to us… to ensure that Mango continues to be the project that Isak aspired to and of which he would feel proud."
Spanish Prime Minister Pedro Sanchez extended condolences, acknowledging Andic's pivotal role in growing Mango into a global fashion leader, while Catalonian President Salvador Illa Roca praised him as a "committed businessman" with a lasting impact on the region's standing in the fashion world.
Known for his rivalry with Zara’s founder Amancio Ortega, Andic's contributions to the fashion industry will be remembered long after his untimely departure. His brand made significant strides in the UK markets, especially after collaborating with acclaimed model Kate Moss in 2011, further solidifying its stature on the global stage.
